Crude Oil Weekly OutlookNYMEX:CL1! NYMEX:MCL1!
With Nasdaq futures hitting all-time highs, our attention now turns to Crude Oil, which has seen a sharp pullback over the past week.
All-time highs in equity indices present a unique challenge:
There are no historical reference points—no prior price or volume data to lean against. Traders typically turn to tools like Fibonacci extensions, measured moves, or rely on market-generated information and emerging intraday levels before making decisions.
What Has the Market Done?
Crude Oil Futures (CL) posted a record drop last week, falling sharply from a Sunday open high of $78.40 to a Monday close low of $64.38—a $14.02 decline.
This sharp sell-off followed developments suggesting a potential Iran–Israel ceasefire and the end of a two-week conflict, prompting markets to rapidly unwind the geopolitical risk premium.
What is it trying to do?
CL Futures have since consolidated around the 2025 mid-range. The market appears to be in a balancing phase, digesting the removal of war-related premiums and recalibrating based on fundamentals.
How Good of a Job Is It Doing?
Having effectively priced out war risk, the market is now refocusing on fundamentals.
The global demand outlook is improving, driven in part by progress in trade deals.
OPEC’s June Monthly Oil Market Report (MOMR) forecasts global oil demand growth of 1.3 mb/d for 2025.
This transition from headline risk to fundamental drivers indicates market maturity and resilience, albeit within a still-volatile regime.
What Is More Likely to Happen From Here?
Today marks the final trading day of the month, and seasonal demand will become increasingly relevant.
Summer weather and travel activity are expected to drive demand for jet fuel and gasoline.
These seasonal tailwinds, if sustained, could help stabilize price action around key technical zones.
Key Levels:
yOpen: 67.65
pHi: 66.09
pIB Hi: 66
2025 mid-range: 65.39
pLow: 64.80
Overnight Low: 64.55
Naked VPOC: 64.50
Scenario 1: Continued Consolidation (Balance Holds)
Crude oil maintains range-bound behavior.
Strategy: “Outside-in” trading—fade moves at range extremes until new directional information emerges.
Scenario 2: Break from Balance
If directional conviction builds, price could break the current consolidation.
Upside target: Yearly open near $67.65.
Downside risk: March 2025 low if $64.40 fails.
All intraday levels noted above should be monitored for structure and participation.
Chart Patterns
XAUUSD SELL TRANDXAU/USD (Gold) – Bearish Setup
Gold is showing signs of rejection from the resistance zone near 3288, forming a potential lower high on the 15-minute timeframe. The price is now trading below the key resistance, indicating possible downside movement ahead.
🔻 Sell Entry: 3288
🎯 Target 1: 3270
🎯 Target 2: 3265
🛑 Stop Loss: 3295
The market structure suggests a possible breakdown towards the support zone. This trade setup offers a favorable risk-to-reward ratio as long as price remains below the 3288 resistance level. A clear break below 3270 may trigger further selling pressure.
AGIIL : Sniped a Long with 1% Risk on the TableDecided to enter after the market consolidated post a strong ATH breakout. Looking for a rally toward the channel’s dynamic resistance from here.
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If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
$PG - Charting is Therapeutic NYSE:PG forming solid base at $159 support after 15% pullback from Feb highs.
Strong fundamentals intact with 19% profit margins in Q3. Recent analyst actions positive RBC upgraded to BUY in April, Evercore just raised PT to $190 (19% upside).
Defensive consumer staple with reliable dividend (65% payout ratio). Patient investors rewarded here. #ValueInvestment #Dividends
Gold Bullish bias short term ~ medium term Gold is all set to test its ATH
However, Net positions in COT report are decreasing,
that shows a bearish behaviour.
DXY seems fundamentally weak, hence a rally for GOLD.
Gold may come down once it makes a double top,
for short term, it seems bullish.
lets see as this instrument is full of surprises.
Analysis is on daily TF
SL, TP is defined with instant buying.
SL should be considered as last supports that are marked in the chart with green.
Red Robin breaking 3-year descending wedgeRed Robin has been in this descending wedge for the past 3 years, finally broke out at the beginning of June. It's been testing the top of the wedge as support for most of the month of June and now is starting to make its move higher. A measured move of the descending wedge puts a price target at $16 per share, a 300% move higher from current levels.
HolderStat┆XRPUSD before retest of the $2 levelBINANCE:XRPUSDT has rebounded from its 2.08 base and broken out of consolidation, aiming for the upper diagonal resistance near 2.40–2.60. With recurring bullish patterns and a history of strong follow-through after similar setups, momentum may build if 2.20 is cleared.
GBPCAD Set To Grow! BUY!
My dear friends,
GBPCAD looks like it will make a good move, and here are the details:
The market is trading on 1.8698 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.8728
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GILLETTE : Took a long position with 1% riskEntered right after the close of the momentum candle that broke the ATH levels. Sl is kept underneath the most recent low. Will be managing the trade depending on the momentum of the market in the coming days.
📢📢📢
If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
NIFTY THIS WEEK? What's the plan
"There’s more hidden in a candle chart than most headlines will ever reveal.”
If you look at this NIFTY chart casually, you’ll see just another uptrend. But if you feel the price — really look into the structure — you’ll notice something deeper:
We’re not just in a rally. We’re in a breakout after base-building. And that’s a very different game.
What I Noticed This Week:
1. Strong Follow-Through
NIFTY didn’t just pop — it’s sustaining gains. Each green candle is following the next without hesitation. That means institutions are buying, not just retailers reacting.
2. Previous Resistance = Gone
Look back at 25,200–25,300. That zone rejected price multiple times. Now? It’s broken clean, with a bullish Marubozu-style candle. That’s a confirmation, not just a fluke.
3. No Panic Selling Yet
Usually, breakouts invite profit booking. This one? Sellers are quiet. When there's no rejection at new highs, it tells you confidence is strong.
But Here’s What You Must Watch:
Are we near psychological exhaustion? Markets can get euphoric and overextend - even in strong trends. Volume Spike or Divergence? If volumes dry or RSI starts diverging, stay alert.
Global cues & Bank Nifty:
If Bank Nifty stalls, NIFTY will slow too. Watch correlation.
What This Means for You:
Trend is strong, but smart traders plan exits in upmoves - not panic in downmoves.
Ask yourself:
Do you have entries based on structure?
Are you overexposed at highs, hoping for more?
Are you following momentum blindly or with plan?
Personal Reflection:
I’ve learned this the hard way:
“Buying strength is good. But riding strength without a stop loss is just greed in disguise.”
So this week:
Observe, don’t chase.
Track - don’t blindly enter.
There’s always another breakout. But there’s only one portfolio.
Hudbay Minerals setting new 10-year highsThis Minerals company just broke above a resistance level that goes back over 10 years, all the way to April 2015. With all the excitement going around about Gold, Silver and Mineral mining companies lately, this looks like a great opportunity to buy a mining company that looks to be breaking out much higher in the coming years. Watch for HBM to break higher and then come down and test this long-term orange trendline as support before going higher.
The Sandbox (SAND): Reached Strong Bullish Trend | Bounce AreaSandbox coin has recently touched again the local bullish trend from which we have been seeing some great upward movement (previously). With current bullish sentiment in the markets, we might be seeing a strong upward movement from here, and the 100EMA is our last confirmation for now.
Upon seeing it to be broken, we will be looking for a long position from there.
Swallow Academy
HolderStat┆SOLUSD aims for the $170 levelBINANCE:SOLUSDT has broken above triangle resistance, retesting the $146.60 level as new support. The breakout echoes earlier consolidation-based rallies, opening the path toward $170. As long as the structure remains intact, bulls could extend the climb over the next few sessions.
ETHUSD is moving within the 2110.00 - 2500.00 range 👀Possible scenario:
Ether briefly crossed $2,500 on June 29 but remained range-bound on June 30, fluctuating between $2,445 and $2,525. Traders are closely eyeing this resistance level amid rising volatility and renewed investor interest. With $269 million in net inflows in the past 24 hours, sentiment is improving. A clean breakout above $2,500 could drive further upside, but for now, THE remains in a tight consolidation, with traders on alert for the next move.
On the fundamentals side, Ethereum continues to strengthen. Over 35 million ETH—worth \$84 billion—are now staked, representing 28.3% of total supply. June saw a spike in staking after the SEC’s supportive guidance, though concerns linger as Lido, Binance, and Coinbase now control nearly 40% of validator power. Adding to momentum, the Ethereum community launched an onchain “time capsule” at EthCC, inviting users to lock messages and memories until the network’s 11th anniversary in 2026.
✅ Support and Resistance Levels
Support levels is now located at 2,400.00.
Now, the resistance levels are located at 2,500 and 2,550.00.
HolderStat┆BNBUSD came out of the wedgeBINANCE:BNBUSDT just cleared a multi-week wedge resistance, signaling a bullish breakout above $635. The price is now poised to retest the upper channel boundary near $700–730. If bulls maintain momentum, this breakout could mirror prior impulsive legs higher, especially following similar consolidation patterns earlier this year.